Business Ethics and Sustainability: A Case Study on Larsen and Turbo in India

Running head: BUSINESS ETHICS AND SUSTAINABILITY
Business Ethics and Sustainability
Name of the student:
Name of the university:
Author note

2BUSINESS ETHICS AND SUSTAINABILITY
Table of Contents
Introduction: Reason/Rationale:.....................................................................................3
Personal Career-relevance..............................................................................................3
Description of Key Ethics Scenario:..............................................................................4
Applied Theories:...........................................................................................................4
Case study related to Larsen and Turbo in India:..........................................................6
Conclusion......................................................................................................................8
Reference:......................................................................................................................9

3BUSINESS ETHICS AND SUSTAINABILITY
Introduction: Reason/Rationale:
The ethical judgment which a person may have to make on various occasions is
known as morale reasoning which is concerned with the choice of good or bad.
Decisions made in an organisation can be in relation to either employees or the
managers. The culture of the organization influences the way in which people related
to it makes decisions. The notion of bribery and corruption is not only illegal but also
unethical. Whether or not a person wants to act in an ethical manner is totally
dependent on personal choice. However when it comes to law, it is the obligation of a
person to ensure legal compliance. Law and ethics usually go hand in hand. An action
which is illegal will surely be considered as unethical according to the deontology
theory. This is because it does not allow an action which is against duty. On the other
hand an illegal action will never ensure the happiness of the majority and thus it is
also unethical under the theory of utilitarianism. An organization being a corporate
personality and a citizen of the society has the obligation of working according to
ethical principles. It has been argued by Mea & Sims (2018) that the level of
corruption and bribery in the Indian construction industry is high. Thus for the
purpose of this assignment Kaufmann and Rottenburger (2016) has been selected as
the company within which issues related to corruption and bribery have been
analyzed.
Personal Career-relevance
I believe that a person who is willing to pursue his or her career as a manager of a
large organization has to understand the importance of ethical decision making in
relation to business operations. This is because not only does ethical decision making
ensures legal compliance but also ensures good reputation within the organization
leading to increased productivity. When an organization is infected with the evils of
bribery and corruption it is not able to sustain for long in the industry. Thus it is